Mixed options sentiment in UnitedHealth (UNH), with shares down $2.82 near $305.67. Options volume roughly in line with average with 92k contracts traded and calls leading puts for a put/call ratio of 0.43, compared to a typical level near 0.77. Implied volatility (IV30) dropped 1.43 near 35.84,and above the 52wk median, suggesting an expected daily move of $6.90. Put-call skew steepened, indicating increased demand for downside protection.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on UNH:
- Why Is Bernstein Analyst Cautious on UnitedHealth Group Stock (UNH)?
- Does Wall Street See Solid Upside in UnitedHealth Stock (UNH) after Buffett and Hedge Funds Bet Big?
- ‘Nothing Is OK’ Says Bank of America on UnitedHealth Stock (UNH) Despite Warren Buffett’s New Bet
- Morning News Wrap-Up: Monday’s Biggest Stock Market Stories
- Moderately bullish activity in UnitedHealth with shares up 3.72%